Why India Can Grow At 7 Percent a Year or More; Projections and Reflections

Using a simple growth accounting framework, we project India's future potential output growth rate through 2025. We argue that there is perhaps more upside potential than downside risks to our central estimate of annual growth, which is close to 7 percent for aggregate output, or 5.5 percent for output per capita.

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Year of publication:	2004-07-01
Authors:	Rodrik, Dani ; Subramanian, Arvind
Institutions:	International Monetary Fund (IMF)
Subject:	Economic growth \| Production \| growth rate \| human capital \| total factor productivity \| growth accounting \| skilled labor \| educational services \| growth rate of output \| growth rates \| per capita income \| dynamic benefits \| economic growth rate \| marginal product \| service sectors \| market failure \| technological progress \| per capita economic growth \| economic growth performance \| foreign capital

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Extent:	application/pdf
Series:	IMF Working Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	The text is part of a series IMF Working Papers Number 04/118 1 pages long
Source:	RePEc - Research Papers in Economics

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